Average Rare-Earth Oxide Prices1 (Dollars Per Kilogram)

This table presents the average prices of various rare-earth oxides, measured in dollars per kilogram, highlighting their purity levels and comparing values between 2021 and 2022. These prices are critical indicators for industries reliant on rare-earth elements, which are essential in manufacturing high-tech devices, renewable energy technologies, and defense systems. Tracking these price trends helps stakeholders understand market dynamics, supply chain risks, and economic factors influencing the availability and cost of these strategic materials.

Analysis of the data reveals notable price fluctuations across different rare-earth oxides from 2021 to 2022. For example, yttrium oxide’s price doubled from $6 to $12 per kilogram, while praseodymium and neodymium oxides saw significant increases of approximately 38% and 37%, rising to $128 and $134 per kilogram, respectively. Terbium oxide experienced a substantial surge from $1,350 to $2,050 per kilogram, underscoring its growing demand or supply constraints. Conversely, scandium oxide and dysprosium oxide prices slightly declined, with scandium dropping from $2,200 to $2,100 and dysprosium from $410 to $382 per kilogram. The data, primarily sourced from China and reflecting high purity levels, indicates shifting market conditions that could impact global supply chains and pricing strategies in the rare-earth sector.